Forward Air

Forward Air acquires another final-mile provider

Forward Air truck at terminal

Forward Air (NASDAQ: FWRD) announced that it has acquired another last-mile provider to build out its network. This time the Greeneville, Tennessee-based trucking company had to travel only 30 miles Northeast to acquire Johnson City, Tennessee-based CLW Delivery Inc.

The Wednesday press release said the $5.5 million deal will be funded with cash on hand and close in October.

CLW specializes in final-mile delivery and in-home installation for retailers and manufacturers. The outfit generates $20...

https://www.freightwaves.com/news/forward-air-acquires-another-final-mile-provider

YRC announces next-day expansion as less-than-truckload market heats up

YRC double on highway

Not to be outdone by recent expansion announcements from competitors, less-than-truckload (LTL) carrier YRC Worldwide (NASDAQ: YRCW) is expanding its regional next-day service.

In a Wednesday press release, the Overland Park, Kansas-based carrier said the addition of more lanes in the mid-South and Waco, Texas, is part of its network restructuring.

“Through Regional Next-Day service, our customers in Texas and the mid-South can access just-in-time scheduling that offers benefits of lowered...

https://s29755.pcdn.co/news/yrc-announces-next-day-expansion-as-less-than-truckload-market-heats-up

Career Tracks: XPO appoints diversity officer

XPO Logistics has promoted LaQuenta Jacobs to the newly created position of chief diversity officer, effective Monday.

She will provide cultural leadership and strategic direction as an advocate of diversity, equity and inclusion at XPO and report directly to Chairman and CEO Brad Jacobs.

LaQuenta Jacobs has 23 years of experience leading organizational development initiatives for global public companies. She joined XPO in 2018 as the head of human resources for the company’s last-mile business...

https://www.freightwaves.com/news/career-tracks-xpo-appoints-diversity-officer

Forward Air to expand pursuit of traditional less-than-truckload market

Forward Air truck on highway

Forward Air (NASDAQ: FWRD) will continue to pursue the less-than-truckload (LTL) market more heavily now that the worst of the pandemic-related freight declines appear to be in the rearview mirror. On its second-quarter earnings call with analysts on Friday, Chairman, President and CEO Tom Schmitt said he sees “more Savannahs to come,” referring to the company’s recent expansion outside of its normal airport-to-airport transportation network.

On July 13, the Greeneville, Tennessee-based trucking...

https://www.freightwaves.com/news/forward-air-to-expand-pursuit-of-traditional-less-than-truckload-market

Forward Air to offer traditional less-than-truckload service

Forward Air truck at United cargo facility

Forward Air (NASDAQ: FWRD), recently rebranded Forward, announced that it will now offer a traditional less-than-truckload (LTL) service.

The Greeneville, Tennessee-based trucking company said that Forward LTL will provide LTL service, operating out of the company’s final mile facility in Savannah, Georgia. The company will assess the need for a separate LTL facility based on the success of the launch.

Forward has historically specialized in the movement of airfreight by ground through scheduled...

https://s29755.pcdn.co/news/forward-air-to-offer-traditional-less-than-truckload-service

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